Funding arb · Price arb /

KORU

RWAall KORU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.009%

Price spread now: Extended against KuCoin−0.067%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$950.955% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.105%−$10 on $10k

Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.067%, 7d avg −0.003%

Together, before fees+0.013%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.064% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KORUUSDTM	22.860	0.0100	pay 0.0100% / 8h	7h 45m	$484K	$1.1M	20x
Short	Extended KORU-USD	22.845	0	get 0.0000% / 1h	45m 08s	$21K	$181K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.067%Rate

Funding earned: −$21
Price spread: −0.067% → −0.003%: −$6.38
Slippage, 4 orders: −$78.46
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$122.84
Costs to cover: 0.955%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Extended: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 10 min ago	2.19 bp	39.9 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 26 min ago	3.08 bp	5.8 bp −$6	9.8 bp −$98	doesn't fit	doesn't fit

KORU on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:KORU	−0.0690%	1h	22.815	−0.197%	$3.3M	$6.6M	10x	as long as short
edgeX KORUUSDC	−0.0658%	4h	22.894	+0.150%	$458K	$308K	10x	as long as short
Aster KORUUSDT	0.0000%	8h	22.847	−0.059%	$82K	$259K	50x	as long as short
Extended KORU-USDshort	0.0000%	1h	22.845	−0.067%	$21K	$181K	5x
Binance KORUUSDT	0.0000%	8h	22.857	−0.015%	$57.5M	$326.7M	25x	as long as short
Bybit KORUUSDT	0.0000%	8h	22.850	−0.044%	$6.5M	$22.1M	50x	as long as short
OKX KORU-USDT-SWAP	0.0000%	8h	22.840	−0.087%	$6.1M	$29.6M	10x	as long as short
RISEx KORU/USDC	0.0000%	1h	22.833	−0.117%	$33K	$307K	5x	as long as short
Gate KORU_USDT	0.0000%	8h	22.841	−0.083%	$2.6M	$3.3M	25x	as long as short
MEXC KORU_USDT	0.0000%	8h	22.840	−0.087%	$13.7M	$20.9M	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KORUUSDT	0.0000%	8h	22.825	−0.153%	$53.2M	$65.1M	20x	as long as short
SunX KORU-USDT	0.0000%	8h	22.810	−0.219%	—	$4.6M	10x	as long as short
HTX KORU-USDT	0.0000%	8h	22.870	+0.044%	$8K	$17K	10x	as long as short
Phemex KORUUSDT	0.0000%	8h	22.860	0.000%	$1.6M	$2.4M	10x	as long as short
Lighter KORU	+0.0032%	1h	22.829	−0.136%	—	—	10x	as long as short
Ondo Perps KORU-USD.P	+0.0050%	1h	22.950	+0.394%	$19K	$14K	5x	as long as short
KuCoin KORUUSDTMlong	+0.0100%	8h	22.860	long leg	$484K	$1.1M	20x
GRVT KORU_USDT_Perp	+0.0100%	8h	22.914	+0.236%	$2K	$98K	10x	as long as short